World token jumps as Sam Altman reportedly eyes a biometric social network to kill off bots
Summary
The World token (WLD) experienced a significant price increase, jumping over 27%, after Forbes reported that OpenAI CEO Sam Altman is considering utilizing Worldcoin's technology to address the growing problem of bots online. Altman reportedly aims to create a “biometric social network” to verify users and distinguish them from AI-generated accounts, potentially using Worldcoin’s ‘Orb’ – a device that scans irises for unique identification – or Apple’s Face ID. Worldcoin, co-founded by Altman, has already raised $135 million and focuses on creating a decentralized identity system. Despite facing regulatory scrutiny and criticism regarding data privacy, the concept of biometric verification for online identity is gaining traction as generative AI fuels the spread of misinformation and spam. The report did not confirm any formal collaboration between OpenAI and Worldcoin, but the market reacted positively to the potential synergy.
(Source:CoinDesk)